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US Eyes 65-Billion-Barrel Venezuela Reserve

Summary by Social News XYZ
Washington, Sep 4 (SocialNews.XYZ) The United States is seeking to create what Vice-President J.D. Vance described as an effective 65-billion-barrel oil reserve through a new arrangement with Venezuela, with American companies expected to develop production... - Social News XYZ

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The Trump administration's strategy seeks to mobilize some 65 billion barrels of reserves through the incursion of the US private sector.

Who is Alejandro Betancourt, the controversial multimillionaire “bolichico” behind the oil agreement between the US and Venezuela By: Juan Francisco Alonso Author's title, BBC News Mundo The controversy surrounding the oil pact with Venezuela that Donald Trump announced on Friday—qualified by the president of the United States as “the largest in history”—does nothing but grow as more details become known. To the questions about the legality of t…

·Minneapolis, United States
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  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Banker.az broke the news on Thursday, September 3, 2026.
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